Stock Track | WiseTech Global Soars 9.72% on Strong H1 Results and AI-Driven Efficiency Plan

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WiseTech Global Ltd's stock surged 9.72% intraday on Wednesday, driven by the company's release of robust first-half financial results and the announcement of a significant AI-powered efficiency program.

The logistics-software provider reported first-half revenue of $672 million, a 76% increase year-over-year, and adjusted net income of $114.5 million. The company also reaffirmed its full-year guidance, expecting revenue between $1.39 billion and $1.44 billion and EBITDA in the range of $550 million to $585 million.

Investors reacted positively to the company's plan to implement AI to boost profitability, which includes a phased headcount reduction of approximately 2,000 roles, primarily in product development and customer service. CEO Zubin Appoo stated that AI will structurally lower costs and amplify productivity, marking a shift from manual coding. The board declared an interim dividend of 6.8 cents per share, supporting shareholder returns.

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The board declared an interim dividend of 6.8 cents per share, supporting shareholder returns.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WTC.AU","symbol_name":"WISETECH GLOBAL LTD","start_time":0,"source_url":"","article_id":"1105358852","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1105358852","pubTimestamp":1771974170,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"WiseTech Global Ltd's stock surged 9.72% intraday on Wednesday, driven by the company's release of robust first-half financial results and the announcement of a significant AI-powered efficiency...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"WTC.AU":"WISETECH GLOBAL LTD"},"translate_title":"个股追踪|慧聪环球大涨9.72%H1业绩强劲及AI驱动效率计划","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WTC.AU":1},"content_text":"WiseTech Global Ltd's stock surged 9.72% intraday on Wednesday, driven by the company's release of robust first-half financial results and the announcement of a significant AI-powered efficiency program.The logistics-software provider reported first-half revenue of $672 million, a 76% increase year-over-year, and adjusted net income of $114.5 million. 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